Why does crypto matter?
In 2014, a French bank agreed to pay nearly $9 billion over payments tied to sanctioned countries. How did the dollar become a sanctions tool? The popular story and the documented record don't quite match.
#moneyhistory#bitcoin
One of DigiByte's five mining algorithms rewrites itself every 10 days, so chips built for the old version stop fitting.
It's called Odocrypt, and it's built for FPGAs.
#DigiByte digibyte:native
Getting your digibyte:native back from #DigiDollar:
1. Wait for your lock to end. No early exit.
2. Burn the same DigiDollar amount you minted.
3. Your full #Digibyte collateral returns. No custodian involved.
What lock length would you pick, 30 days or 10 years?
PSA for #eCash node runners: the network upgrades Nov 15. Nodes need Bitcoin ABC 0.34.0 or later to stay in sync, and 0.34.2 is the current release.
Holding ecash:native in a wallet? Nothing to do.
What version is your node on right now?
Draw night for the SHA-256 crew.
#Bitcoin and #BitcoinCash miners on HMpool each have their own Unity Rewards prize this week, about $25 in BTC and about $25 in BCH. Both draws run just after midnight, so stay connected through tonight.
About a week left.
#DigiByte is roughly 50,000 blocks from the Thaw Day milestone at block 24,490,000, which lands around Nov 1 at 15 seconds a block. #DigiDollar is already live; this is the next marker on the road, not the launch. digibyte:native
To everyone whose miner hummed along on #DigiByte this week: thank you.
The 2,500 digibyte:native Unity Rewards prize gets drawn just after midnight tonight, and every connected hour counts as an entry. Plenty of the day left to stack a few more.
Word of the day: IFP, #eCash's Infrastructure Funding Policy.
Every new block's reward is split four ways: 58% to the miner who found it, 16% to protocol development, 16% to ecosystem development, and 10% to Avalanche stakers. It's set by miner policy, so it can change through node upgrades. ecash:native
Myth: logging in without a password means giving up your privacy.
Fact: with Digi-ID you scan a QR code with your #DigiByte wallet and it signs with a key only you hold. The site never gets a password or email to leak.
Which site would you use it on first? digibyte:native
Last call energy, minus the closing-time lights.
The #eCash Unity Rewards draw for this week's 300,000 ecash:native runs just after midnight tonight. Every hour your SHA-256 rig stays connected until then is another entry.
On Yap, a family stayed rich from a giant stone sitting at the bottom of the sea, because everyone remembered who owned it.
Is money just a shared memory?
#moneyhistory#yap
The man who explained gravity spent his last three decades guarding England's money, chasing counterfeiters and setting the price of gold.
Did you know about Newton's second career?
#moneyhistory#money#finance
"Small chain, loud hash."
On a network the size of #eCash, one solid SHA-256 miner actually shows up on the hashrate chart. Your hash isn't a rounding error here.
Smaller-chain miners, what pulled you in?
#DigiDollar rewards patience with math, not vibes.
digibyte:native collateral needed to mint:
1 hour lock: 1000%
1 year: 300%
10 years: 200%
The #digibyte never leaves your wallet either way. How long would you lock?
Rank how a SHA-256 miner picks between bitcoin:native and bitcoin-cash:native on any given day:
1. Which chain pays more per hash right now
2. Payout threshold and how fast coins land
3. Loyalty
Number 3 rarely wins. Same ASIC, same algorithm, spreadsheet decision.
Same rig. Same power bill. Smaller slice.
#Bitcoin difficulty is on track for about +4.7% around Oct 29, on top of the last +5.9% step.
Fill in the blank: the thing that keeps home miners hashing anyway is ____. bitcoin:native
What if someone with a giant rig tried to quietly rewrite yesterday's #eCash blocks?
Awkward silence. Avalanche stakers vote new blocks final fast, so there's no long window to sneak a reorg in.
Rude, but effective. ecash:native
DigiShield.
It's the difficulty adjustment #digibyte built in 2014. When a big miner jumps in or walks away, difficulty retunes fast, so blocks keep flowing instead of crawling. Other chains liked it enough to borrow it. digibyte:native
In 1720, France let a Scottish gambler run its money. Critics call John Law the father of a ruinous bubble, while some economists say his ideas were ahead of their time. Visionary or gambler?
#moneyhistory#economy#financialeducation
In 1637, a single tulip bulb was reportedly priced like a house in Amsterdam. Was it a true mania, or a story that grew in the retelling? Historians still disagree.
#moneyhistory#tulipmania